As India looks to balance its twin needs of clean energy and increased energy demand, a look at policies that may help in expediting the process is worthwhile. Additionally, there are valuable lessons that can be learnt from other sectors that can significantly assist in taking a call between effective policies and time-bound ones. Recent news suggested that […]
Adani Green Energy Friday said it has raised around Rs 402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms. Under the norms, at least 25 per cent of the equity should be held by public. Therefore, the company came up with offer for sale (OFS) to offload equity […]
Power and New & Renewable Energy Minister R K Singh on Thursday held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of thermal power stations to reduce emissions. The mechanism allows power generators to increase share of renewables in their overall energy mix for meeting their committed […]
RK Singh, Union Minister of State (IC) for Power and New & Renewable Energy held a meeting to review various issues pertaining to the Renewable Energy (RE) sector here today. The meeting was attended by various stakeholders including the Secretary, MNRE, senior officials from MNRE, Department of Economic Affairs, Dept. of Expenditure, Dept. of Financial […]
Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. The energy white paper, adopted by the Cabinet Friday, said Japan faces an “urgent task” of reducing carbon emissions coming from utilities that have relied heavily on fossil fuels to make up […]
Canadian Solar announced that it has signed a module contract with the global solar power company Solarcentury to supply 500 MW modules to Solarcentury’s two projects ‘Cabrera’ (200 MW) and ‘Talayuela Solar’ (300 MW) in Spain. The construction for the 200 MW Cabrera project is scheduled to begin in the summer of 2019 in Alcalá de Guadaira, the Spanish […]
The International Finance Corporation (IFC) sees immense opportunities to finance projects through green bonds in India especially in areas like urban transportation, waste-to-energy and water treatment, its senior official said here Tuesday. “Opportunities in India are huge. Look at infrastructure and amount of urbanisation and the level of agriculture (projects),” said Vivek Pathak, Director for […]
The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory risk for coal-based projects in the long term, global ratings agency Moody’s Investors Service said Monday. The higher share of renewable energy in the total energy mix presents a key regulatory challenge in terms of […]
Suzlon Energy on Thursday said its consolidated net loss for the March quarter narrowed to Rs 294.64 crore from Rs 469.85 crore a year ago, mainly due to lower expenses. Total consolidated income from operations declined to Rs 1,450.47 crore in the fourth quarter of 2018-19, compared to Rs 2,189.18 in year-ago period, the company […]
Renewable power is the cheapest source of electricity in many parts of the world already today, the latest report from the International Renewable Energy Agency (IRENA) shows. The report contributes to the international discussion on raising climate action worldwide, ahead of Abu Dhabi’s global preparatory meeting for the United Nations Climate Action Summit in September. With […]
